SBAB raises fixed mortgage rates
Photo: Fredrik Sandberg/TT

SBAB raises fixed mortgage rates for 1-10 year terms

The state-owned mortgage bank SBAB is raising interest rates on mortgages with terms of 1-10 years. The interest rate on mortgages with a term of three months, so-called floating interest rates, remains unchanged.

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Mortgages with a one-year fixed term will be increased by 0.10 percentage points, while interest rates on mortgages with a 2-7 year fixed term will be increased by 0.20 percentage points. For loans with a ten-year fixed term, there will be an increase of 0.15 percentage points.

The announcement comes after the Swedish Central Bank, in an interest rate announcement last week, signaled 2-3 increases in the key interest rate, starting at the end of the year.

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AuthorTT News AgencyEnglish edition by Sweden Herald, adapted for our readers
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